Grupo Financiero Banorte SAB de CV Class O released its earnings results on Oct 29, 2024. The company reported $0.267 earnings per share for the quarter, beating the consensus estimate of N/A by $0.267.

Is Grupo Financiero Banorte SAB de CV Class O overvalued?

According to Wall Street analysts Grupo Financiero Banorte SAB de CV Class O’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Grupo Financiero Banorte SAB de CV Class O pay dividends?

Grupo Financiero Banorte SAB de CV Class O pays a Semiannually dividend of $0.175 which represents an annual dividend yield of 12.37%. See more information on Grupo Financiero Banorte SAB de CV Class O dividends here

What is Grupo Financiero Banorte SAB de CV Class O’s EPS estimate?

Grupo Financiero Banorte SAB de CV Class O’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Grupo Financiero Banorte SAB de CV Class O have?

Grupo Financiero Banorte SAB de CV Class O has 2,883,456,500 shares outstanding.

What happened to Grupo Financiero Banorte SAB de CV Class O’s price movement after its last earnings report?

Grupo Financiero Banorte SAB de CV Class O reported an EPS of $0.267 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.903%.

Which hedge fund is a major shareholder of Grupo Financiero Banorte SAB de CV Class O?

Currently, no hedge funds are holding shares in GBOOF

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Grupo Financiero Banorte SAB de CV Stock Smart Score

Unlock Smart Score

Blogger Sentiment

Bullish

GBOOF Sentiment 100%
Sector Average 65%

Technicals

Fundamentals

Return on Equity

23.00%

Trailing 12-Months

Asset Growth

-6.65%

Trailing 12-Months

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Company Description

Grupo Financiero Banorte SAB de CV Class O

Grupo Financiero Banorte SAB de CV is a holding company, which engages in the provision of banking services. It operates through the following segments: Consolidated Bank, Long-term Savings, Brokerage, and SOFOM and Other Finance Companies. The Consolidated Bank segment includes a range of products and services including retail and wholesale banking. The Long-term Savings segment offers insurance as well as management of retirement savings accounts such as pensions. The Brokerage Sector segment comprises the subsidiaries and provides products and services to individuals and corporations including brokerage services, financial advisory, portfolio structuring and management, asset management, investment banking and sale of investment funds, and equity and debt instruments. The SOFOM and Other Finance Companies segment refers to the activities of Arrendadora y Factor Banorte (leasing and factoring), Almacenadora Banorte (warehousing), and Solida Administradora de Portafolios. The company was founded in 1899 and is headquartered in Mexico City.

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GBOOF Company Deck

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GBOOF Earnings Call

Q3 2024

0:00 / 0:00

Earnings Call Sentiment|Positive

The earnings call reflects a positive sentiment with strong financial performance, digital growth, and recognition for innovation, despite challenges related to inflation, currency volatility, and judicial reform concerns.Read More>

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